UBS Reports Q2 GAAP EPS Miss but Revenue Beats Expectations
In its second-quarter earnings report, UBS Group AG (ticker: UBS) reported a GAAP earnings per share of $0.87, which fell short of expectations by $0.10. However, the company's revenue came in at $13.7 billion, exceeding forecasts by $580 million and showing year-over-year growth of 13.2%. UBS also provided guidance for Q2 2026, projecting a pre-tax profit (PBT) of USD 3.6 billion with an underlying PBT of USD 3.9 billion. The firm reported a net profit of USD 2.8 billion and maintained a return on CET1 capital at 15.4%. UBS also announced plans for over $1 billion in share repurchases, signaling confidence in its financial position despite the earnings miss.
Tickers: $UBS
Topics: Earnings Profitability Revenue